Quarterly report pursuant to Section 13 or 15(d)

REVOLVING LINE OF CREDIT (Details)

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REVOLVING LINE OF CREDIT (Details) (USD $)
9 Months Ended
Sep. 30, 2014
REVOLVING LINE OF CREDIT {2}  
Company extended a credit agreement with a bank that provides for a revolving line of credit in millions $ 2.5
Non usage commitment fees percentage per annum 0.25%
Interest rate of the bank's prime rate plus 0.25%
Initial borrowing base under the Credit Facility $ 40,000,000
LIBOR for the applicable interest period plus a margin between 1.75% and 5.00%
Federal funds rate plus per annum 0.50%
Adjusted LIBOR determined on a daily basis for an interest period of one-month, plus 1.00%
Margin between 2.75% and 6.00%